Egypt is in talks with an Abu Dhabi-based bank for a loan facility that would finance wheat purchases from Kazakhstan, three traders told Reuters.
24.09.2023 reuters
Egyptian onion exports that were thriving all over have been ousted from the European markets due to the recent recovery of domestic production. Declining supply worldwide had favored exports, which have now exceeded 324 thousand tons.
24.09.2023 EastFruit
GASC said on Wednesday it bought 120,000 metric tons of Romanian wheat in an international tender.
21.09.2023 See news
Egypt has reclaimed its status as the top mango exporter to Saudi Arabia in 2022, setting a new record in shipments and maintaining high export levels in H1.
21.09.2023 EastFruit
This came after Russia halted supplying wheat, objecting to the pricing of a mega-deal, the sources added.
21.09.2023 Zawya
The EGX-listed firm will use the proceeds of the facility to finance 50% of the acquisition amount related to Fancy Foods.
20.09.2023 Zawya
The vessels will deliver the wheat to Egypt and Israel, according to Ukraine's agricultural ministry.
18.09.2023 bbc
The loan will provide approximately 15 percent of its total annual needs in order to support the company to diversify its financing sources.
18.09.2023 Egypt Today
Egypt signed a memorandum of understanding (MoU) with China to open the Chinese market to Egyptian mangoes.
18.09.2023 ahram online
The Egyptian cabinet announced in a statement that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from local farmers.
18.09.2023 ahram online